American Funds College 2039 Fund
AMERICAN FUNDS COLLEGE TARGET DATE SERIES · 7 share classes
Fund classification
Classified from what the fund holds · as of 2026 Q2
American Funds College 2039 Fund is a target-date fund.
- Asset class
- Target-date
- Region
- United States
- Management
- Actively managed
- Fund type
- Open-end fund
- Features
- Fund of funds
Fund profile
As filed in the prospectus · 2025 Q4
Depending on the proximity to its target date, the fund will seek to achieve the following objectives to varying degrees: growth, income and preservation of capital. The target date is meant to roughly correspond to the year in which the fund beneficiary will start to withdraw funds to meet higher education expenses. The fund will increasingly emphasize income and preservation of capital by investing a greater portion of its assets in fixed income, equity-income and balanced funds as it approaches and passes its target date. In this way, the fund seeks to achieve an appropriate balance of total return and stability during different time periods.
The fund invests in a mix of American Funds spanning growth, growth-and-income, equity-income, balanced, and fixed income categories, rather than holding securities directly. The asset allocation shifts progressively toward fixed income and away from equities as the fund approaches its target date year, when withdrawals for higher education expenses are expected to begin. The investment adviser periodically rebalances the underlying fund mix and may modify allocations based on its assessment of whether the combination remains appropriate for the fund's objectives.
| Share class | Expense ratio |
|---|---|
| FCFGX | 0.49% |
| CTDFX | 0.80% |
| CTAEX | 0.99% |
| FTDHX | 0.43% |
| CDJAX | 0.77% |
| TCATX | 0.77% |
| CTJCX | 1.52% |
Portfolio turnover 4.00% · as of 2025 Q4
Allocation
Asset groups · long / short shown separately, never netted · 2026 Q2
| Stocks | 83.15% |
| Bonds | 11.82% |
| Cash & short-term | 3.10% |
| Securitized | 1.54% |
| 2 smaller | 0.34% |
Look-through blends 15 underlying funds; 13.581% of NAV was not looked through and stays direct-classified.
Latest quarter
What changed since the fund's previous filing
Return profile
Total return as filed — price change plus distributions reinvested · trailing figures to Apr 2026
| Share class | 1-year | 3-year | 5-year | Vol | Worst fall |
|---|---|---|---|---|---|
| +26.13% | +63.56% | +50.44% | 11.63% | -8.74% | |
| +26.10% | +63.36% | +50.00% | 11.70% | -8.73% | |
| +25.53% | +61.32% | +46.90% | 11.64% | -8.90% | |
| +26.24% | +63.96% | +50.97% | 11.63% | -8.83% | |
| +25.77% | +62.12% | +48.17% | 11.74% | -8.88% | |
| +26.13% | +63.47% | +50.23% | 11.64% | -8.73% | |
| +24.86% | +58.58% | +43.03% | 11.64% | -8.97% |
These classes hold the same portfolio, so the 7.95pp spread over 5 years is the cost difference between them — roughly 1.59pp a year — not a difference in what they own.
Holdings
By % of NAV · equity positions carry filed share counts · every resolvable issuer links to its company page
| Ticker | Issuer | %NAV | Reported price | Value | Shares |
|---|---|---|---|---|---|
| RICGX | INVESTMENT COMPANY OF AMERICARICGX | 9.36% | $65.83 | $200.95M | 3.1M |
| RWIGX | CAPITAL WORLD GROWTH & INCOME FUNDRWIGX | 9.06% | $77.70 | $194.53M | 2.5M |
| RFNGX | FUNDAMENTAL INVESTORSRFNGX | 8.41% | $99.44 | $180.59M | 1.8M |
| — | BOND FUND OF AMERICA (THE) (BFA) | 7.51% | $11.29 | $161.31M | 14.3M |
| — | GROWTH FUND OF AMERICA (THE) | 7.19% | $82.59 | $154.35M | 1.9M |
| RWMGX | WASHINGTON MUTUAL INVESTORS FUND (WMIF)RWMGX | 6.67% | $67.51 | $143.08M | 2.1M |
| RLLGX | SMALLCAP WORLD FUND INCRLLGX | 6.63% | $84.04 | $142.25M | 1.7M |
| RITGX | AMERICAN HIGH-INCOME TRUSTRITGX | 6.30% | $9.87 | $135.15M | 13.7M |
| RLBGX | AMERICAN BALANCED FUND (AMBAL)RLBGX | 5.55% | $39.60 | $119.15M | 3.0M |
| RNPGX | NEW PERSPECTIVE FUND (NPF)RNPGX | 5.21% | $72.36 | $111.79M | 1.5M |
Reported price is the fund's own reported value divided by its own reported shares at 2026-04-30 — not a live quote, and not what the fund paid.
Top 10 positions are 71.89% of net assets, top 25 99.93%, across 19 issuers.
See more of this fund's book
More positions with filed share counts, and the quarter-over-quarter change list rather than the largest few — free with an account, no card required.
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